KUALA LUMPUR (May 17): Malaysia Airports Holdings Bhd has achieved the ISO 37001:2016 certification for its Anti-Bribery Management System (ABMS), which is currently used for its procurement process.
The ISO 37001:2016 is an anti-bribery management system standard that is designed to help an organisation establish, implement, maintain and improve an anti-bribery compliance programme with a series of measures to detect, prevent and respond to any form of bribery in line with global anti-bribery good practices.
In a statement today, Malaysia Airports general manager of procurement Ibrahim Chang Boon Teck said there are fewer than 30 establishments in Malaysia that have obtained this certification.
"We are really proud to have joined the ranks of this group of multinational and government-linked companies that strongly believe in ensuring a corruption-free workplace," he said.
Chang said there is a vital need to place controls within organisations, at both human and process levels, to reduce incidences of bribery.
"This is not only beneficial to Malaysia Airports but will also go down the market place value chain to reach our vendors and business partners. This means that our vendors and business partners can have added assurance that they too can be corruption free when dealing with us," he said.
"With the successful ISO certification of the ABMS for our procurement process, we will be expanding the scope to other areas within the organisation such as commercial services, information technology and project management," Chang added.
Shares of Malaysia Airports closed 14 sen or 1.97% higher at RM7.23 with a market capitalisation of RM11.99 billion.